20 September 2007

Faced with a double-edged bid which could severely weaken its stranglehold over the local telecoms industry, Telkom has swiftly moved to beef up its negotiating capacity.Victor Lawrence, Ekwow Spio-Garbrah, Reitumetse Jackie Huntley have been added to the Telkom board of directors which had recently been rocked by a spate of resignations. The trio will serve on the Telkom board on three year terms, commencing September 2007.They replace Marius Mostert, Dumisani Tabata and Yekani Tenza, whose terms as directors of the board expired on 19 September 2007.British telecoms giant Vodafone is reported to be close to tying up a deal to buy the SA fixed line operator's 50% stake in cellular group Vodacom and pan African cellular giant MTN has firmed its interest Telkom's fixed line assets. American-based Lawrence has vast extensive international experience in Research and Development (R&D) in digital communications, a ...